Digital Realty’s role in Africa’s emerging digital economy. The future is bright. Credit: Shutterstock/Liu zishan With rich resources like a growing physical infrastructure and subsea cable network, Africa is uniquely positioned to emerge as a leader among today’s developing economies. A key factor in this potential is the improvement of internet connection in Africa, which is central to facilitating the continent’s digital transformation. The African Union commits to growing Africa’s already burgeoning digital economy through The Digital Transformation Strategy for Africa (2020-2030), stating: “Innovations and digitalization are stimulating job creation and contributing to addressing poverty, reducing inequality, facilitating the delivery of goods and services, and contributing to the achievement of Agenda 2063 and the Sustainable Development Goals” 1 Additionally, the continent is young with a median age of 20 years, and experiencing population growth with its 1.4 billion inhabitants making up 15% of the global population. This bodes well for growth in market size, GDP, and a population of digitally fluent consumers. Public and private sector efforts to boost Africa’s digital economy Global public and private institutions recognize Africa’s position as an emerging digital economy on the world stage. For instance, the U.S., European Union (EU), China, and India […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
